Global demand for bakery products is forecast to expand 7.0% p.a. between 2014 - 2018. China, Egypt, India, Rwanda, and the United States are considered the highest potential markets in the coming years.
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global bakery product industry is forecast to reach 7.0% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 6.6%. Currently, wafers, waffles, and sweet biscuits account for 33.4% of the global demand while the remaining market share is divided between toasted bread, rusks, and other toasted products (2.0%), crispbread (1.1%), gingerbread (0.8%), and other type of bakery products (62.7%).
China, France, Germany, Japan, and the United States represent the largest bakery product markets while the strongest annual growth is forecast to occur in Rwanda (18.4%), India (18.2%), Egypt (16.7%), Sri Lanka (14.8%), and Kazakhstan (13.5%).
Bakery product market size compared to market growth in different countries
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Based on in-house analysis and an advanced model which takes into consideration the actual market size, trends, forecast market growth, and changes in the market environment, Global Research and Data Services calculates the Market Potential Rates, the predicted market potential of the country in the coming years. The larger the Market Potential Rate, the more potential the market has in the coming years; and conversely, the smaller the rate, the less potential the market is considered to have in the future. Based on these Market Potential Rates, the top 20 highest potential bakery product markets in the coming years are:
Ranking Country Market Potential Rate
1. United States 0.53
2. China 0.27
3. India 0.20
4. Rwanda 0.18
5. Egypt 0.18
6. Germany 0.17
7. France 0.16
8. Japan 0.16
9. Sri Lanka 0.15
10. Turkey 0.14
11. Kazakhstan 0.14
12. South Korea 0.14
13. Russia 0.13
14. South Africa 0.12
15. Senegal 0.12
16. Ghana 0.12
17. United Kingdom 0.12
18. Thailand 0.12
19. Panama 0.11
20. Moldova 0.11
The leading players on the global bakery product market are considered to be companies like A. V. K. Confectionary Lugansk Public Joint Stock Company, Abf Grain Products Ltd., Achim Lohner GmbH & Co.KG, Adria Alimentos do Brasil Ltda., Akkond Oao, Ani Biskuvi Gida Sanayi Ve Ticaret A S, Arnott's Indonesia, Pt, Backstube Siebrecht GmbH & Co. offene Handelsgesellschaft, Beijing Wangwang Foodstuff Co., Ltd., Bettys & Taylors Of Harrogate Ltd, Bibica Corporation, Biscuiterie Industrielle du Moghreb SA, Biskot Biskvi Gida Sanayi ve Ticaret AS, Britannia Industries Limited, Burton's Foods Ltd, Cipa Industrial de Produtos Alimentares Ltda, CJ Beijing Bakery Co.,Ltd, Compaia de Galletas Noel S.A., Detlef Malzers Backstube GmbH & Co. Kommanditgesellschaft, Fireside Baking, Fox's Biscuits Ltd., Fujian Fuma Food Droup Co., Ltd., Fujian Jinjiang Fuyuan Foodstuff Co., Ltd., Fujian Qinqin Incorporated Co., Ltd., funny-frisch Snack und Gebck GmbH, Gansu Dali Food Co., Ltd., Garuda Putra Putri Jaya, Pt, Griesson de Beukelaer GmbH & Co KG, Grupo Gamesa, S. de R.L. de C.V., Guangdong Jiashili Food Co.,Ltd., Guangxi Want Want Foods Co., Ltd., Guangzhou Be-Want Foods Ltd., Hangzhou Ruimai Food Co., Ltd., Hefei Quanjingwang Food Co.,Ltd, Heinrich von Allwrden GmbH, Henan Jinshengyuan Co., Ltd., Horsthemke Backbetriebe GmbH, Hubei Province Dali Food Co.,Ltd, Hrdtner GmbH, Industria de Alimentos Bom Gosto Ltda, Indstria de Produtos Alimenticios Piraqu S.A., Inter Link Foods PLC, Intersnack Knabber-Gebck GmbH & Co KG, Jutrzenka Colian Sp. z.o.o., KAMEDA SEIKA CO., LTD., Kerry Ingredients (UK) Ltd., Koncern Bambi ad Pozarevac, Kraft Foods, Kronenbrot KG Franz Mainz, Lagoda Confectionary Private Jsc, Laurens Patisseries Ltd., Lotte Confectionery Co Ltd, Luohe Hengda Foodstuff Co., Ltd., M. Dias Branco SA Ind Com de Alimentos, Mamee-Double Decker (M) Berhad, Marilan Alimentos S.A., Mccambridge Group Holdings Ltd., Meisa Jiashida Food Co., Ltd., Minoo Industrial Company, Munchy Food Industries Sdn. Bhd., Nabisco, National Brands Limited, Nestl, Northern Foods Grocery Group Ltd., Orion Corporation, Otis Spunkmeyer, Inc., Panrico Sa, Parati S.A., Park Cakes Ltd., Productos Kraft, S. de R.L. de C.V., PT Sekar Laut Tbk, Quanzhou Jiahe Food Co.,Ltd, Rugenberger GmbH & Co., Sabritas, S. de R.L. de C.V., Santa Ana Cake House (Shenzhen) Co., Ltd., Sayers The Bakers Ltd., Schfers Brot- u. Kuchen-Spezialitten GmbH, Siantar Top Tbk PT, Snyders-Lance, Inc., Sondermann Brot GmbH & Co. KG, Surya Food And Agro Ltd, Slen ikolata Gida Sanayi ve Ticaret AS, Ulker Biskuvi Sanayi A.S., United Biscuits UK Ltd, United Food Industries Co. Ltd, Walkers Shortbread Ltd., Want Want Holdings Ltd, Warburtons Ltd., Yemen Company for Industry and Commerce Ltd, Yildiz Holding AS.
The market information is based on new industry data reports recently published by Global Research & Data Services. The reports offer the most up-to-date market data on the actual market situation, trends, leading companies, and future outlook for bakery products in the world and individually for the following countries:
Argentina, Armenia, Australia, Austria, Azerbaijan, Belgium, Bolivia, Botswana, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Ethiopia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Jordan, Kazakhstan, Kenya, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Netherlands, Norway, Oman, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Rwanda, Senegal, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Uruguay, Vietnam
The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other industry professionals looking for key market insights in readily accessible and clearly presented tables and graphs.
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The reports answer the following questions:
- What is the size of the global bakery product market?
- What is the size of the bakery product market in different countries around the world?
- How are the markets divided into different product segments?
- How are the overall market and different product segments growing?
- How is the market predicted to develop in the future?
- What is the market potential compared to other countries?
- Which companies are operating in the market?
Product segments analyzed in the reports:
Toasted bread, rusks, and other toasted products
Wafers, waffles, and sweet biscuits
Other bakery products
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